Gold and silver in bullion, bars or coin

It is understood that the packages or coverings in which the articles

named in the foregoing schedule are imported shall be free of duty if they are usual and proper for the purpose.

Washington, March 11, 1892.

H. Guzman.

Mr. Wharton to Sefior Guzman.

Department of State,

Washington, March 11, 1892.

Sir: I have great pleasure in acknowledging the receipt of your note of this date, in which you inform me that the Government of Nicaragua, in reciprocity for the admission into the United States, free of duty , of the products of said Republic enumerated in section 3 of the tariff law of the Congress of the United States of October 1, 1890, is prepared to admit into the ports of the Republic of Nicaragua , free of ail duty , on and after the 15th day of April , 1892, the articles, the product of the United States of America named in your note ; that your Government gives the assurance that no export tax shall be imposée! on the articles admitted free into the United States ; and that the laws and régulations adopted by Nicaragua to prevent fraud shall not cause any embarrassment to the importer nor impose any additional charges or fees therefor on the merchandise.

I am directed by the Président to state to you that he accepts this action of the Government of Nicaragua, in granting exemption of duties to the products of the United States, as a due reciprocity for the action of the Congress of the United States , as contained in section 3 of the tariff law above cited.

I am also pleased to reciprocate the assurances contained in your note, and to state that no export tax can or will be imposed in the United States upon the products or manufactures, enumerated in the schedule attached to your note of this date , sent to Nicaragua.

It may be further understood that , while the Governement of the United States reserves the right to adopt the laws and régulations necessary to protect its revenue and prevent fraud in the déclarations and proof that the articles enumerated in section 3 of the law cited are the product or manufacture of Nicaragua, the laws and régulations to be adopted shall place no undue restrictions upon the importer nor impose any additional charges or fees upon the articles imported.

I have, therefore, to request that you will meet me at the Department of State at your convenience to agrée upon the time and manner of making public announcement of this commercial arrangement , which , it is understood , shall remain in force so long as it shall not be modified by the législation of either Government or by the mutual agreement of the Executive Power of the two countries.

Accept, etc.,

William F. Wharton, Acting Secretary.

États-Unis d'Amérique, Honduras»